Kimber Res — Kimber Resources — Investor Presentation (2002)
35 slides from Kimber Res's investor presentation, 2002
Slide 1: Monterde: Making the Grade
MONTERDE Making the Grade
Slide 2: Activity in the Sierra Madre Gold Belt
Kimber Resources Inc. Activity in the Seirra Madre Gold Belt
Slide 3: Market Capitalization
Kimber Resources Inc. US$ Millions 100 90 80 Market Capitalization 70 60 50 Sierra 40 Madre 30 Gold 20 Belt 10 0 Dolores El Sauzal Monterde Dolores Mulatos Ocampo Uruachic Monterde El Sauzal
Slide 4: Kimber Resources Inc.
Kimber Resources Inc.
Slide 5: Kimber Resources Inc.
Kimber Resources Inc.
Slide 6: Kimber Resources Inc.
Kimber Resources Inc.
Slide 7: Features of Monterde to be compared
Kimber Resources Inc. Features of Monterde to be compared: Stage of development Contained ounces Resource status Grade Strip ratio Economic measures Blue sky
Slide 8: Sierra Madre Belt Drilling to August 2002
Kimber Resources Inc. Sierra Madre Belt Drilling To August 2002 Number of drill holes Metres drilled Magistral 704 700 10000 Mulatos 96,124 90000 600 Magistral 84,000 Mulatos 551 80000 500 70000 Dolores 61,000 60000 400 50000 Ocampo 300 300 40000 Ocampo 38,000 Dolores 230 200 30000 El Sauzal 187 El
Slide 9: Estimate H
Kimber Resources Inc. Estimate H Inferred Resources (based on 21 holes) Tonnes Au g/t Ag g/t Strip Ratio 6,903,000 2.26 106.6 4.37:1 Contained gold: 501,000 ounces Contained silver: 23,652,000 ounces Contained gold-equivalent ounces: 830,000 ounces Expenditure since Estimate H: $600,000
Slide 10: Reserves and Resources
Kimber Resources Inc. Reserves Probable Proven Demonstration of positive economics Resources Inferred Indicated Measured Increasing resource certainty
Slide 11: Resource categories and profitability threshold
Kimber Resources Inc. MEASURED & INFERRED INDICATED Less certain but economic Profitability Threshold of profitability at current gold and silver prices More certain but subeconomic Greater certainty
Slide 12: Drill Holes and Resource Ounces
Kimber Resources Inc. Drill Holes and Resource Ounces Drill Ounces, Resource M. Cap holes gold-equiv. Status Per ounce El Sauzal 187 2,000,000 P&P $50 Dolores 230 3,735,000 M&I $25 Monterde 21 830,000 Inf $ 4
Slide 13: Grades in Sierra Madre Belt
Kimber Resources Inc. Grades in Sierra Madre Belt Gold, g/t Silver, g/t Gold Eq., g/t (70:1) Monterde 2.26 106.6 3.78 Inferred El Sauzal 3.47 3.47 Prov. & Prob. Dolores 1.56 89.8 2.84 Meas. & Ind.
Slide 14: Annual Margin and NPV at Various Grades
Kimber Resources Inc. Annual Margin and NPV at Various Grades . US$, Millions 70 HYPOTHETICAL DEPOSIT Size: 10 million tonnes Strip ratio: 4.5 : 1 50 Gold price $300 / oz Capital cost, US $30,000,000 Tonnes per day 5,000 Cost per ore tonne $8.00 30 Cost per waste ton $0.65 10 g/t Au -10 1.5 2 2.5 3
Slide 15: Bald Mountain and Monterde: A Comparison
Kimber Resources Inc. Bald Mountain and Monterde A Comparison Bald Mountain Monterde early Inferred 1990s 1999 Resources Gold price / oz $ 350 $ 285 $ 300 Gold grade g/t 1.70 2.00 2.26 Silver grade g/t 0 0 106.6 Gold equiv g/t (70:1) 1.70 2.00 3.78 In place value / tonne $ 19 $ 18 $ 36 Strip ratio 6
Slide 16: The Check List so far
Kimber Resources Inc. The Check List so far: Stage of development Contained ounces Resource status Grade Strip ratio Economic measures Blue sky
Slide 17: Monterde - Chihuahua State, Mexico
Kimber Resources Inc. Monterde - Chihauhua State, Mexico Exploration and Development, Sept – Nov 2002
Slide 18: Longitudinal Section Through Monterde Deposit
Kimber Resources Inc. Longitudinal Section Through Monterde Deposit APPROXIMATE ELEVATION (METRES) 2400 2400 NW SE No.3 Former Orebody No.1 LEVEL ‘3’ Former Orebody 2300 LEVEL ‘1’ No.4 LEVEL ‘0’ Former 2200 Orebody No.2 Former 100 LEVEL Orebody 200 LEVEL Intercept in Drill Hole #9 (vertical projecti
Slide 19: Mineral Resource Estimate H
Kimber Resources Inc. Mineral Resource Estimate H MONTERDE PROJECT Tonnes Au,g/t Ag, g/t Strip Ratio Category 6,903,000 2.25 106.6 4.37 Inferred
Slide 20: Monterde Mine Property Plan of Underground Workings
LEGEND Adit Drift or crosscut Shaft or winze Raise Antique workings 4994 sample NE..a location Kimber Resources Inc. MINA, LOS HILOS ‘PAROORA "INOUSTRIES INC. ee MONTERDE MINE PROPERTY PLAN OF UNDERGROUND WORKINGS {40 narat ANCA outenusn MEd
Slide 21: Kimber Resources Inc.
Kimber Resources Inc.
Slide 22: Kimber Resources Inc.
Kimber Resources Inc.
Slide 23: Kimber Resources Inc.
Kimber Resources Inc.
Slide 24: Kimber Resources Inc.
Kimber Resources Inc.
Slide 25: Kimber Resources Inc.
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Slide 26: Kimber Resources Inc.
Kimber Resources Inc.
Slide 27: Kimber Resources Inc.
Kimber Resources Inc.
Slide 28: Kimber Resources Inc.
Kimber Resources Inc.
Slide 29: Kimber Resources Inc.
Kimber Resources Inc.
Slide 30: The Team
Kimber Resources Inc. The Team Officers • Technical lAlan Hitchborn Vice President, Development lByron Richards Vice President, Engineering • Corporate lRobert Longe President lMike Hoole Vice President & Corporate Secretary Directors l Arthur Fisher l Mike Hoole l John Kalmet l Robert Longe l Lu Ma
Slide 31: Share Structure
Kimber Resources Inc. Share Structure Canadian Shares Funds Raised at IPO $3,375,000 Total issued (July, 2002): 13,396,684 Held by insiders 3,563,444 (25%) If all warrants & options exercised: 11,579,338 $5,289,000 If fully diluted: 24,976.022 $8,664,000
Slide 32: Catch Up Requirements
Kimber Resources Inc. Catch Up Requirements We have to: US$ 100M 100 90 Advance the 80 resources to 70 Measured & 60 Indicated 50 40 30 Increase the size 20 10 0 Dolores Monterde El Sauzal
Slide 33: Can Kimber Catch Up With The Leaders?
Kimber Resources Inc. Can Kimber Catch Up With The Leaders ? Monterde has: Grade - 2.26 g/t gold + 103.6 g/t silver = 3.78 g/t gold equivalent Width - 10 to 60 metres Blue-sky potential - Only 20% has been explored Cash US$1.25M
Slide 34: Keys To Success At Monterde
Kimber Resources Inc. Keys To Success At Monterde l Grade l Width l Blue Sky
Slide 35: Kimber: Monterde Making the Grade
MONTERDE Making the Grade